3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be strongly undervalued. ###PLOTLYGRAPH### The red lines in this …
Read ArticlePredicted price range for Coca-Cola Company
Our trading algorithm values Coca-Cola Company (KO) to be overvalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | overvalued |
| Current trend | uptrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $54.98 |
| 60 Day Prediction | $54.76 |
| 60 Day Pred - Lower Bound | $52.39 |
| 60 Day Pred - Upper Bound | $57.14 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = 0.052 * nr_days_in_the_future + 53.210
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
KO traded at $54.98 this Monday October 17th, gaining since last week.
Looking back, over the last month, KO has been loosing $-4.42 or -8.04 percent.
Over the last year, it has been gaining.
Seasonality of Coca-Cola Company
Using our AI model, we have been analyzing the value change for Coca-Cola Company depending on the day or month of a year. This can be seen in the following graph:
